A.M. Best Removes Ratings of Ullico Casualty Company From Under Review; Affirms Ratings of The Union Labor Life Insurance Company
July 13, 2012
SUMMARY:
A.M. Best Co. has affirmed the financial strength rating of B and downgraded the issuer credit rating to“ bb” from“ bb+” of Ullico Casualty Company. Concurrently, A.M. Best has affirmed the FSR of B++ and the ICR of“ bbb” of The Union Labor Life Insurance Company. The ratings of Ullico Casualty take into consideration the subsequent discussions A.M. Best has had with...
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